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20121027
20121104
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't drive and for many, there's still no power. it is getting ugly. government doesn't look so good. to the polls, who is going to win? depends who you ask and it dehe pends who gets out and votes. minutes from now, the first friday morning poll, we will bring you the rasmussen numbers. jobs, gas, votes. "varney & company" is about to begin. >> right to the big story, which is the october jobs report. the unemployment rate rose to 7.9%. 171,000 jobs were created last month. and the real unemployment rate, which tallies those unemployed and underemployed fell ever so slightly, but holding at 14.6%, the economy is not creating enough new jobs to brighten the employment picture. three years after the recession ended we should be creating at least 250,000 new jobs a month. we are not. the economy remains weak, despite record government spending and an extra 5 1/2 trillion dollars worth of debt. aust austan goolsbee will be joining us, he helped to write the policies,'s no longer with the administration, he hasn't been here for a while, but returning today. here is how it went last time
governments spend on welfare for every household in poverty on average. $61,000. company, and it's one of the major issues in the election, in a country where 9 million people dropped out of the work force, almost 50 million people are on food stamps, the idea that welfare costs $61,000, that's amazing number. >> it's one household and you look at that and say can you imagine? look, you listed off the different statistics out there. this is the biggest reason why, i think, the president had a hard time convincing voters he's turned this economy around. i mean, poverty's rising sharply in his home state of illinois alone. it's a real tough message for him and we're in a record number of spending, so, you look the at the new thing, the problem is not getting fix. the ones getting the big generous pensions are the government workers and he's set up two classes in america, it's the politically connected and those in public offers, i think washington d.c. is one of the richest cities in the world and then, the have-notes are the ones who are out ever government. >> what about the critical v
if you like excluding the two unusual reports earlier this month, leading to the government jobs report. and last month, a surprise drop in the unemployment rate. that reported 8:30 eastern tomorrow morning and you'll have it hereof course, it will be the last big report before the election. question, would it swing voters either way? right now, it's a dead heat. and the latest poll from fox news have the candidates tied. 46-46. and that's where it stands. look at this, these pictures may look familiar to some of our viewers, gas lines, and this is a lot worse than in the 1970's, this is a common scene in new york and new jersey right now. and many stations don't have power, but those who do are seeing very long lines, not just cars, people are filling up gas cans for their generators and adds up to a post storm gas crisis, if the power doesn't come back soon, there may be no gas. if you're in a line for gas, snap a picture with your phone and post it on your facebook, on our facebook page. we want to see the photos and show them on the air and tell us how long you've been waiting in li
and a rebuilding effort where you get the keynesian sort of spurt of growth because you're going to have government spending and you're going to have people spending to rebuild. so, that counter acts the negative gdp growth, that the cost of this. but i will tell you this, this is not a terrorist attack, what is scary about this, is that when you, you can have something very serious like that, and the markets could be shut down for a lot longer and that will be a problem. and don't discount the fact when markets are shut down for a long time, people question the economy. and businesses cannot get financing, stocks don't trade and you don't know the value of corporate america. neil: you sound like a callus individual. >> there's other-- >> there are thousands of lives could have been in danger and here you are pursuing the almighty dollar. >> i did not say put people's lives in danger, i said have a contingency plan. neil: but you need human beings in some way, shape or form in that area, yes or no? >> no. neil: liar, liar, pants on fire. look, whatever helps capitalism. >> no offense, the floor tra
by the volt, bogged down by a pension, bogged down by government interference, i don't know. >> all of solvable exception the pension problem. they didn't go through a regular structured bankruptcy which is what romney said they could do. yeah, but governor romney there was no private finance, remember the financial markets were collapsing and yet if you read his op-ed and i did the other way, 2008 op-ed put it in restructured bankruptcy and then have government-- >> as a back stop. >> a lot of conservatives don't like that, but you can see what he was talking about. charles: it would have worked, i agree. >> and what's key tt bankruptcy, it would have lowered their labor costs and would have been a requirement in the bankruptcy they're at $80 an hour and now at 60 when the competition is 40. ford is doing better versus what chrysler is doing. look what happened with chrysler, they're in trouble and they're trying to attack romney in ohio and not working and even mother jones, overliberal mother jones says that romney is right, chrysler is going to be-- >> and here is the thing, and
Search Results 0 to 4 of about 5

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